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Dec 13, 2012
12/12
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he's supposed to go to hawaii on december 17th. >> they have telephones in hawaii, i can tell you. >> no credibility. you have to be in washington. america will not stand for that, for these guys being on vacation. >> nancy pelosi said the deadline is early next week. >> if we don't have a deal by the end of next week, no deal to go over the cliff. >> let's do the countdown. down about 54 points. >> meanwhile, michigan is becoming the 24th right-to-work state here in the country. someone here says unions are toxic for both workers and companies. we'll tell you all about it. stay with us. sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you know folks who save hundreds of dollars by switching to geico sure are happy. how happy are they jimmy? happier than antelope with night-vision goggles. nice! get happy. get geico. fifteen minutes could save y
he's supposed to go to hawaii on december 17th. >> they have telephones in hawaii, i can tell you. >> no credibility. you have to be in washington. america will not stand for that, for these guys being on vacation. >> nancy pelosi said the deadline is early next week. >> if we don't have a deal by the end of next week, no deal to go over the cliff. >> let's do the countdown. down about 54 points. >> meanwhile, michigan is becoming the 24th right-to-work state...
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Dec 27, 2012
12/12
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he cut short his vacation in hawaii in order to resume talks on the fiscal cliff. we're looking at pictures of him in honolulu as he's boarding air force one. we're looking at whether congress will be back in session in order to reach a deal as the clock ticks towards that year-end deadline. >>> the imf says france should give itself more leeway to meet mission targets. the company's 3% of gdp with more pressing -- than cussing excess from public finances. the imf has warned against more tax hikes warning these could further restrict growth. he says it's built a bit of momentum, but still needs to do more. >> france has to reform. france cannot -- that can avoid reforms. it can be again reforms which might be different. but we need to reform. let me say that from that perspective, the recent decisions going the right direction and i think that the government has understood the need to help companies create jobs. so what is important is that this momentum is there going forward. i mean, the momentum, positive momentum regarding the negotiation between the trade unio
he cut short his vacation in hawaii in order to resume talks on the fiscal cliff. we're looking at pictures of him in honolulu as he's boarding air force one. we're looking at whether congress will be back in session in order to reach a deal as the clock ticks towards that year-end deadline. >>> the imf says france should give itself more leeway to meet mission targets. the company's 3% of gdp with more pressing -- than cussing excess from public finances. the imf has warned against...
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Dec 5, 2012
12/12
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the president is supposed to leave for a 21-day vacation in hawaii on december 17th. where he is on december 18th will tell me, and i think the markets will pay attention. i find it hard to believe, and i agree with bill and many, who are very not amused by the house taking their long weekend. i'm sure that the president would have no intentions of leaving until these issues are resolved. i think the market is being kind, but i think it's a timing issue. >> yeah, i think that's a good point. somebody mentioned the other day that the president is planning a trip to hawaii on december 17th. i said, what? they said, no, no, no, not unless the deal is done. we'll see about that. meanwhile, the house goes away for a lock weekend. all right, rob. what do you think? you think we're going to get a deal done by the year end? >> i think there will probably be a deal done. i think you have to look at the market fundamentals today and say equities are as cheap as th they've been in 50 years relative to bonds. equities are going to stay firm. the second thing is the money flows go
the president is supposed to leave for a 21-day vacation in hawaii on december 17th. where he is on december 18th will tell me, and i think the markets will pay attention. i find it hard to believe, and i agree with bill and many, who are very not amused by the house taking their long weekend. i'm sure that the president would have no intentions of leaving until these issues are resolved. i think the market is being kind, but i think it's a timing issue. >> yeah, i think that's a good...
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Dec 6, 2012
12/12
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i don't think he wants to be in hawaii without a deal. something is going to come up. >> ron, what about you? >> i thought the resignation of senator jim demint, who was a staunch conservative, which was a surprise departure, tells me the republicans in many ways are throwing in the towel on this deal. he's a guy who fought tooth and nail against this thing, against raising tax rates. you may want to work from the outside in, which is the way the press is portraying this. it looks like too many republicans are beginning to throw in the towel. they may finds a compromise that isn't necessarily clinton era tax rates, something in between. but it looks like the makings of a deal. with every change on the republican side, more and more likely to happen than not. >> all right. we'll see about that. we'll be watching. obviously, very, very important for the markets. thanks. see you later. >>> let's get to bertha coombs. one company with big moves after the bell. over to you. >> maria, amarin is falling after the bell. some had suspected them to
i don't think he wants to be in hawaii without a deal. something is going to come up. >> ron, what about you? >> i thought the resignation of senator jim demint, who was a staunch conservative, which was a surprise departure, tells me the republicans in many ways are throwing in the towel on this deal. he's a guy who fought tooth and nail against this thing, against raising tax rates. you may want to work from the outside in, which is the way the press is portraying this. it looks...
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Dec 27, 2012
12/12
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yes, the president returning early from his hawaii vie cation today. at the top of this hour, expecting any minute on the senate floor that harry reid might come and give us some comment and guidance here on where to expect fiscal cliff talks to go over the next 48 hours or so. we know that the house of representatives will not be in session today but speaker bain he or she conferencing in his colleagues on a phone call this afternoon, all that up against a monday deadline. now we are told by game leadership that they will advise their numbers by saturday if they are going to bring them back into washington for a vote on anything on monday if there is a deal. there you see the united states senate is coming into session is this morning. we are going to keep an eye out for those remarks from senator reid, and of course, remarks on this fiscal cliff debacle have been moving the markets throughout the past couple of weeks, wait and see what harry reid has to say. guys, not a whole lot here to give those guys consumer confidence. >> the essence of poll tak
yes, the president returning early from his hawaii vie cation today. at the top of this hour, expecting any minute on the senate floor that harry reid might come and give us some comment and guidance here on where to expect fiscal cliff talks to go over the next 48 hours or so. we know that the house of representatives will not be in session today but speaker bain he or she conferencing in his colleagues on a phone call this afternoon, all that up against a monday deadline. now we are told by...
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Dec 27, 2012
12/12
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, look at bank of hawaii. because you know he's going to make that bank make money. even if he has to throw people out windows he's going to make that bank profitable. >> are you a fan of citi in that regard? >> i'm still waiting for them to tell me what the business model is. getting back to the point about morgan stanley. i think it's got great potential. citi was a good subprime lender and then they chased volume. whenever you chase volume you get in trouble in this business. >> you see any in the financial markets, you see any tumult next week? >> well, when the fed adjusts rates you're going to be looking at some very significant potential losses in the banking industry. not in the health and maturity -- >> not the fiscal cliff? >> no, i'm just talking about interest rates. >> anything happening if we go through? you know it's coming up, monday is new year's eve. >> it will hurt the economy which will hurt banks. but banks have rallied, i think, mostly because of the fed. they have cash flow, they were un
, look at bank of hawaii. because you know he's going to make that bank make money. even if he has to throw people out windows he's going to make that bank profitable. >> are you a fan of citi in that regard? >> i'm still waiting for them to tell me what the business model is. getting back to the point about morgan stanley. i think it's got great potential. citi was a good subprime lender and then they chased volume. whenever you chase volume you get in trouble in this business....
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Dec 27, 2012
12/12
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what we know about the president is that he cut short his hawaii vacation, arriving in d.c. earlier today. and we're not aware of new developments from the president, but mcconnell seemed to telegraph that the president called him yesterday and now expecting that the president would make him some sort of offer at some point in the future. we haven't seen that yet. so, this story continues, melissa. >> so, it sounds, eamon, like the house is going to reconvene and that's sort of a precautionary call at this point because of the time frame but there's not necessary a deal on the table or closer to being formed at this point. >> that's right. it's not an indication that they have a deal in hand and they're going to vet on something on sunday. it is an indication that they do want all of the bodies back here in d.c. on sunday night. so that if they have to proceed to votes, they can do it and they know where their people are. everybody got 48 hours notation. a lot of the folks are retiring. they're all over the country. snowstorm is wrecking havoc on travel plans. everybody has
what we know about the president is that he cut short his hawaii vacation, arriving in d.c. earlier today. and we're not aware of new developments from the president, but mcconnell seemed to telegraph that the president called him yesterday and now expecting that the president would make him some sort of offer at some point in the future. we haven't seen that yet. so, this story continues, melissa. >> so, it sounds, eamon, like the house is going to reconvene and that's sort of a...
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Dec 6, 2012
12/12
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hawaii is above 50, as well. >> hawaii is worth it, though. >> california is not bad either. >> unless you need to drive somewhere. right? and don't have a helicopter. >> there's a reason the president takes a helicopter anywhere. you can't drive in d.c. sdl those a >> boston in the city can get like that. last night i was thinking in my mother was still alive, cincinnati versus here, she would see like ten cars an and go oh, i can't believe people -- if she had seen the line of buss that basically was a wall of about 60 buses, they get precedence to go in, and then like 16 other lanes getting down to one to go into the tunnel, and you're just sitting there, like no within in the world does this. >> i got stuck in a broken down truck in the holland tunnel last night. it's amazing how fast they get that truck up and out. >> they better because there are fumes and everything else. but if you try to go from pasadena at the wrong time in l.a., it's three hours. in other news out of the financial services industry, jpmorgan is naming co-chief control officers the new positions are aimed at
hawaii is above 50, as well. >> hawaii is worth it, though. >> california is not bad either. >> unless you need to drive somewhere. right? and don't have a helicopter. >> there's a reason the president takes a helicopter anywhere. you can't drive in d.c. sdl those a >> boston in the city can get like that. last night i was thinking in my mother was still alive, cincinnati versus here, she would see like ten cars an and go oh, i can't believe people -- if she had...
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Dec 27, 2012
12/12
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ah, to be in hawaii, enjoying the view. to meet the perfect hero. to have a great hair day, every day. - got ya. - and to get a taste of the good life, touring your dream home, crashing opening nights, having celebrities drop by your stoop, and getting all those nagging household problems fixed in a flash. it all happens on cozi tv, a new tv network. you're about to see memorable moments from your favorite shows, with special effects. and, oh, yes, rules for living a "cozi" life. - if you're a really good looking guy, with a ferrari, chicks dig you. - featuring our cast of experts. - if i was a dude, i would break the law, just so i could fight with charlie's angels. bring it on, angels! - so, sit back, relax, and get comfy. our top ten cozi countdown starts right now.
ah, to be in hawaii, enjoying the view. to meet the perfect hero. to have a great hair day, every day. - got ya. - and to get a taste of the good life, touring your dream home, crashing opening nights, having celebrities drop by your stoop, and getting all those nagging household problems fixed in a flash. it all happens on cozi tv, a new tv network. you're about to see memorable moments from your favorite shows, with special effects. and, oh, yes, rules for living a "cozi" life. - if...
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Dec 21, 2012
12/12
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there, you know, i was joking that if you got these headlines saying the president is not going to hawaii. he'll be at the table until we get a deal done, fine. then maybe you get one of these pops. i think all of this points out exactly the sorts of things that the market is not particularly good at discounting. because really the outcome is determined by the intentions and the maneuvers of a handful of individuals. it is really not the wisdom of crowds telling you what is going to happen in the market here. >> you've been prescient in your picks for certain. last week on friday you picked johnson controls. 6% gain this week. so congrats on that one. now we're all ears. what is going to move now? >> i would like to just declare victory. >> i'm sure you would. while you're ahead. >> i feel like as a place to hide just in terms of tlt, the sort of long treasury play, simply because if this suspense lasts, it is going to, you know, sort of undo some of the sell off that you saw when we thought everything was great and we had a deal. so i don't think this is going to be really a fast mover.
there, you know, i was joking that if you got these headlines saying the president is not going to hawaii. he'll be at the table until we get a deal done, fine. then maybe you get one of these pops. i think all of this points out exactly the sorts of things that the market is not particularly good at discounting. because really the outcome is determined by the intentions and the maneuvers of a handful of individuals. it is really not the wisdom of crowds telling you what is going to happen in...
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Dec 25, 2012
12/12
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. >> while the first family vacations in hawaii, first lady michelle obama took phone calls from some lucky kids who are tracking the progress of santa claus through a site set up by norad. as it turns out, a record number of those kids and adults were looking for reel time updates on st. nick. as of midnight, trackers answered more than 111,000 calls. that is 4,000 more than last christmas. pretty cool. >>> major markets ended christmas eve on the downside, but who could be gloomy with santa on hand to ring the bell. chris botti jazzed up the stock exchange with a little christmas cheer. some 17 million shoppers were out yesterday with gift cardeds, wine and liquor topping last minute flicks. netflix suffered a massive outage which it blamed on the cloud network. acer is reportedly looking to launch a $99 tablet early next year. >>> if you are looking for last minute gift or maybe a bite to eat this morning it, starbucks, ihop and equal green's should all be open today. >>> it will be a short merry christmas for members of congress with the country perched on the precipice of what so
. >> while the first family vacations in hawaii, first lady michelle obama took phone calls from some lucky kids who are tracking the progress of santa claus through a site set up by norad. as it turns out, a record number of those kids and adults were looking for reel time updates on st. nick. as of midnight, trackers answered more than 111,000 calls. that is 4,000 more than last christmas. pretty cool. >>> major markets ended christmas eve on the downside, but who could be...
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Dec 22, 2012
12/12
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the president plans, is planning to go to hawaii for christmas with his family. speaker boehner has left town. gone back to ohio. for the holiday. the senate is expected to come back on, on december 27th, the thursday next week, which is the earlit that they would be expected to get back to work on this. melissa? melissa: peter, who's left? sounds like it is a ghost town there. sounds basically two guys that are still left working. >> yeah, i don't know if they will be here very much longer. but listen, realistically, it's the holiday season. a lot of members, the presidt, they all made plans, and after last night with speaker boehner, pulling his pl b, it doesn't look like, there are no signs of anyegotiations or any plans for any negotiations. it looks like everyone just wants to go, be with their families and spend the holiday time together before they try to hammer out a st minute deal on all of this. melissa: yeah, no kidding. of cours everybody wants to go home for the holidays but what you haven't done your work you haven't done your work. oh, well. what d
the president plans, is planning to go to hawaii for christmas with his family. speaker boehner has left town. gone back to ohio. for the holiday. the senate is expected to come back on, on december 27th, the thursday next week, which is the earlit that they would be expected to get back to work on this. melissa? melissa: peter, who's left? sounds like it is a ghost town there. sounds basically two guys that are still left working. >> yeah, i don't know if they will be here very much...
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Dec 27, 2012
12/12
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WBAL
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president obama flying home from hawaii this morning to try and get a deal on the fiscal cliff with the deadline just five days away now, but are the two sides even talking? >>> 36 million hits and counting. the videos that made us laugh, cry and cringe in 2012. we are going to look back at four of the year's most talked about internet sensations as the stars of them join us live in the studios, thursday, december 27th, 2012. >>> from nbc news, this is "today" with matt lauer and savannah guthrie, live from studio 1a in rockefeller plaza. >>> good morning. welcome to "today" on this thursday morning. i'm savannah guthrie. >> i'm willie geist in this morning for matt. we have the party music on for a reason. it's someone's birthday in this room today. happy birthday, savannah. >> thank you. i'm getting my musical request for today. a little techovibe. >> we will have the carbon daters to take us back to the day you were born. >> do you need to tweet out my age? >> i gave some hints. >> turning 30, very excited about that. >> we'll let you have that one. >> a lot of wind in the new york a
president obama flying home from hawaii this morning to try and get a deal on the fiscal cliff with the deadline just five days away now, but are the two sides even talking? >>> 36 million hits and counting. the videos that made us laugh, cry and cringe in 2012. we are going to look back at four of the year's most talked about internet sensations as the stars of them join us live in the studios, thursday, december 27th, 2012. >>> from nbc news, this is "today" with...
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Dec 27, 2012
12/12
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president obama left hawaii early this morning, expected to land in washington next hour. senators will also be back, trying to craft a bill. we expect to hearing from him on the floor in moments. the house is still home. they'll hold a conference call with members today. to make matters worse, you say oh by the way, you'll hit the debt ceiling on monday. we also have ryan grimm. yeah, you. there you are. >>> it looks like they're pointing -- >> and politicians, and so what we're sealing is -- for deficit reduction. and spend seg cuts off their shoulders, and make it inevitable, saying, you know what? it didn't just happen to them. they pass the sequester, which contained severe, rapid definite at this time reduction. it was almost inevitable, almost the moment they passed the sequester. >> to you, ryan, i was alluding to how both sides are saying different things. two members of the house said this last hour. we had one democrat and one republican. take a listen. >> i think there's still a chance to get something done. that's what happened in the budget deal, i think that
president obama left hawaii early this morning, expected to land in washington next hour. senators will also be back, trying to craft a bill. we expect to hearing from him on the floor in moments. the house is still home. they'll hold a conference call with members today. to make matters worse, you say oh by the way, you'll hit the debt ceiling on monday. we also have ryan grimm. yeah, you. there you are. >>> it looks like they're pointing -- >> and politicians, and so what we're...
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Dec 21, 2012
12/12
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when the president is leaving for hawaii in 90 minutes from now. first, though, he met at the white house with senator reid and he called the speaker boehner and came out on the podium behind me. he laid out three-point plan that he thinks can pass if ten days. extend tax cut for 98% of the public. extend unemployment benefit for 2 million people. come back to deal with spending cut and deficit reduction. he said that was achievable by january 1 to avoid the cliff. after last night, unclear whether anything can pass. >> just as the economy is really starting to recover, and we're starting to see optimistic signs. we have seen, actually, some up-side statistics from a range of areas clouding housing, now is not the time for more self-inflicted wounds. certainly not those coming from washington. >> president obama top advisors were quick to dump on speaker john boehner. declaring he is backed in a corner after the fallback debacle. >> they went from plan "b" to plan c'ya later. they couldn't even pass that was, was an embarrassment. >> in private, th
when the president is leaving for hawaii in 90 minutes from now. first, though, he met at the white house with senator reid and he called the speaker boehner and came out on the podium behind me. he laid out three-point plan that he thinks can pass if ten days. extend tax cut for 98% of the public. extend unemployment benefit for 2 million people. come back to deal with spending cut and deficit reduction. he said that was achievable by january 1 to avoid the cliff. after last night, unclear...
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Dec 27, 2012
12/12
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. >>> the baltimore ravens will be well represented for the pro bowl coming up in hawaii. the team is the nfl's version of the all-star game. they have been announced and there's one regular season game left. the ravens are sending six players, rice, yanda, leach, ngata, reed and somewhere key by jones. only three other teams they have more players going to the pro bowl than the ravens. but with those three teams mentioned, you can hardly see why. >>> all right, we have some news later on in the show about ray lewis and stay tuned for that. >> all right, still ahead this morning a story about paying it forward not once but twice. >> a woman spent her lottery winnings on total strangers. this is a great story. we're going to show you how one group touched by the woman's generosity decided to turn around and help her. >> well, icy conditions are possible across the region but everything is up to speed here on 95 at mountain road. i'll relate you know what traffic look -- let you know what traffic looks like on 83 and 695 coming up on "good morning maryland." >>> just a few h
. >>> the baltimore ravens will be well represented for the pro bowl coming up in hawaii. the team is the nfl's version of the all-star game. they have been announced and there's one regular season game left. the ravens are sending six players, rice, yanda, leach, ngata, reed and somewhere key by jones. only three other teams they have more players going to the pro bowl than the ravens. but with those three teams mentioned, you can hardly see why. >>> all right, we have some...
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Dec 21, 2012
12/12
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he is to be buried in hawaii on sunday. there is a significant congressional delegation that will be flying there on saturday for the services sunday morning and then flying back just before christmas. jenna: we're going to move on to some other news. fox news confirmed that the chief executive officer of moose international, that is a massive nationwide fraternal group, is resigning amid claims he sexually assaulted a child. this is a fox news exclusive. details are just coming in. john roberts has been on the story since the beginning. john? >> reporter: good afternoon, to you, jenna. you remember about a week ago we talked to you about a lawsuit filed by a share lot, north carolina area psychiatrist, dr. jason peck, claiming that william b airy, the director-general, at least was until yesterday, director-general and ceo of the giant fraternal organization, moose international. that he had sexually assaulted him when peck was a 12-year-old boy living in columbus, ohio. that was back in 1980. at the time we reported this
he is to be buried in hawaii on sunday. there is a significant congressional delegation that will be flying there on saturday for the services sunday morning and then flying back just before christmas. jenna: we're going to move on to some other news. fox news confirmed that the chief executive officer of moose international, that is a massive nationwide fraternal group, is resigning amid claims he sexually assaulted a child. this is a fox news exclusive. details are just coming in. john...
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Dec 27, 2012
12/12
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what a gig, jesse watters goes to hawaii? what? to investigate president obama's deep connections to that state. watters world is next. in watters world segment the president and his family spent christmas soaking up the sun in hawaii. the factor sent jesse watters to find out more about president obama's childhood in the hawaiian state. ♪ ♪ obama is a hawaii guy. is he vacationing here. >> i think there is pride. i like him. is he like let's get down. let's do it. like no worries. >> i don't give a [bleep] >> the obamas are vacationing at this estate. secret service occupy the homes to the left and the right. usually a typical day for the president during vacation go work out in the morning at the marine base, then golf and shave ice. the area he is staying at what's the reputation there. >> really high class. good security they have down there. >> president obama is vacationing just a few houses down. >> if you want to go in and out of the neighborhood. what does that mean for you guys? >> we have to be searched. >> none of y
what a gig, jesse watters goes to hawaii? what? to investigate president obama's deep connections to that state. watters world is next. in watters world segment the president and his family spent christmas soaking up the sun in hawaii. the factor sent jesse watters to find out more about president obama's childhood in the hawaiian state. ♪ ♪ obama is a hawaii guy. is he vacationing here. >> i think there is pride. i like him. is he like let's get down. let's do it. like no worries....
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Dec 26, 2012
12/12
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WBAL
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tonight, president obama cut short his vacation in hawaii, just six days before the deadline for big cuts and tax hikes. >>> the war next door. they say the borders are more secure than ever. but look what hidden cameras found on one man's land on this side of the border. drug smuggling, alive and well. >>> and fashion police. as retailers report on the all-important shopping season, we report on a trend you might have missed. just what do these mannequins see in you? "nightly news" begins now. >>> from nbc news world headquarters in new york, this is "nbc nightly news" with brian williams. >> good evening, i'm natalie morales in tonight for brian. and we begin with serious winter weather that is moving east. rain, snow and wind that is snarling a lot of travel plans for those trying to make it home from holiday travels. it is the same storm system that is responsible for at least three deaths and spawned record-setting tornadoes in the south over the past 24 hours. we have it all covered, and we begin with the experts who are always out in the middle of these storms. weather channel
tonight, president obama cut short his vacation in hawaii, just six days before the deadline for big cuts and tax hikes. >>> the war next door. they say the borders are more secure than ever. but look what hidden cameras found on one man's land on this side of the border. drug smuggling, alive and well. >>> and fashion police. as retailers report on the all-important shopping season, we report on a trend you might have missed. just what do these mannequins see in you?...
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Dec 22, 2012
12/12
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are for hawaii. god only knows how they will avoid the fiscal cliff that was after he had to cancel a vote on his own plan because his own members would not support it president obama says he just told speaker boehner and senate majority leader harry reid exactly what to do, and he says they can get it done. before automatic spending cuts and tax hikes kick in on new year's day. ed henry live at the white house. ed? so what's the president's new plan? >> well, harris, the president said he came into the briefing room and said maybe is he a hopeless optimist but is he a new slim down three point plan that he says can pass in 10 days. basically extend tax cuts for 98% of americans. he said both parties agree with that extend unemployment benefits for 2 million americans. those are expiring about a week after christmas. that's a big problem. and then he says come back and do spending cuts and deficit reduction in the new year. he is telling lawmakers take a few days off. relax over the holidays and mayb
are for hawaii. god only knows how they will avoid the fiscal cliff that was after he had to cancel a vote on his own plan because his own members would not support it president obama says he just told speaker boehner and senate majority leader harry reid exactly what to do, and he says they can get it done. before automatic spending cuts and tax hikes kick in on new year's day. ed henry live at the white house. ed? so what's the president's new plan? >> well, harris, the president said...
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Dec 18, 2012
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. >>> but first, the hawaii senator daniel inouye died at the age of 8837 he's a veteran and war hero. he was the senate pro item. >>> welcome back to squawk this morning. applemaker is confirming plans for a hand set factory in indonesia. foxconn now saying no timeline has been set. it would cost $5 billion to $10 billion following worker deaths, sudz and other things foxconn and apple has set pledged to bridge a new building steemt. >>> leo g ray kowski is the asset managements. really, leo? do you oversee $178 billion? >> i have a lot of help, swroe. >> that sounds like you would have a lot more wrinkles and look a lot more haggard if you had that responsibility. if we get a cliff deal which is looking closer, are our problems over in terms of this sort of market that's been stuck in the mud for a decade, do you think? >> i think a lot depends on time frame, but no is the short answer to your question. i think, you know, markets being discounting mechanisms, i think it's very unlikely that here in the short-term, we get the type of meaningful entitlement reform and a thoughtful and
. >>> but first, the hawaii senator daniel inouye died at the age of 8837 he's a veteran and war hero. he was the senate pro item. >>> welcome back to squawk this morning. applemaker is confirming plans for a hand set factory in indonesia. foxconn now saying no timeline has been set. it would cost $5 billion to $10 billion following worker deaths, sudz and other things foxconn and apple has set pledged to bridge a new building steemt. >>> leo g ray kowski is the asset...
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Dec 24, 2012
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he's on vacation in hawaii. they arrived in hon saturday and he is expected to continue to get the updates of course on the fiscal talks. white house correspondent ed henry lives in hopb lieu hraoufplt i assume thahonolulu. i assume that is in between beach visits. >> reporter: the president does have a lot on his plate. he's trying to get vacation time in as you say. he knows he has the fiscal cliff waiting for him there back in washington. he attended a memorial service in hawaii for the late senator daniel inouye with the first lady. he is knowing that is what is happening back in washington still matters a great deal. and republicans on some of the sunday talk shows, like senator john barrasso of wyoming was on "fox news sunday" charging that the president really does want the nation to go off the cliff because then tax less go up. take a listen. >> when i listen to the president i think the president is eager to go over the cliff for political purposes. i think he sees a political victory at the bottom of t
he's on vacation in hawaii. they arrived in hon saturday and he is expected to continue to get the updates of course on the fiscal talks. white house correspondent ed henry lives in hopb lieu hraoufplt i assume thahonolulu. i assume that is in between beach visits. >> reporter: the president does have a lot on his plate. he's trying to get vacation time in as you say. he knows he has the fiscal cliff waiting for him there back in washington. he attended a memorial service in hawaii for...
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Dec 18, 2012
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. >> we heard senator daniel inouye from hawaii has passed away. he would have been the longest serving senator in the united states if he lived just two more years. he passed away with his faly by his side. his last words were aloha. recently he was asked by a reporter what he wanted to be remembered by and he said, quote, i represented the people of hawaii and this nation honestly and to the best of my ability. i think i did okay. daniel inouye, world war ii veteran, medal of honor resipient has passed away, the senator from hawaii is dead. melissa: our hearts go out to his family. thank you so much, adam. >>> shifting gears now a lot of you watching are probably sick and tired, like i am, of all the extra charges and overall insanity what is happening with plane tickets. charges to check your bag outside at the count ir. charges to carry on yourag, that one kills me. another to get extra leg room. yet more if you have to change your flight. american airnes may set a new standard. different ticket price options for one lump sum you can pay all th
. >> we heard senator daniel inouye from hawaii has passed away. he would have been the longest serving senator in the united states if he lived just two more years. he passed away with his faly by his side. his last words were aloha. recently he was asked by a reporter what he wanted to be remembered by and he said, quote, i represented the people of hawaii and this nation honestly and to the best of my ability. i think i did okay. daniel inouye, world war ii veteran, medal of honor...
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Dec 14, 2012
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>> the president is scheduled to go to hawaii a week from today. >> it's boehner and obama. >> there are things, there's a telephone. understand, they have phone service in ohio and hawaii. >> there's an urgency here that dave cody gets. why? because he has said, i'm not hiring until we get this stuff fixed. now, why doesn't that -- well, everybody, the job, small business job creator. come on, man. honeywell hires. that means other towns do great. that means you get into a very virtuous cycle mode. david, it is not about the small businessman. the little businessman doesn't do well unless the big businessman does well. >> who are they selling to? >> honeywell just hired 200 people. >> no doubt about it. >> the opening bell here at the new york stock exchange for a friday. top of the screen, the s&p 500. nasdaq, avago technologies. >> single-family rentals, homes for rent, single-family rentals, that's the way it's sort of getting all that notion, at least today that some people are locked out of credit. they are renters, or renters nation. >> the real estate investment trusts. >> ev
>> the president is scheduled to go to hawaii a week from today. >> it's boehner and obama. >> there are things, there's a telephone. understand, they have phone service in ohio and hawaii. >> there's an urgency here that dave cody gets. why? because he has said, i'm not hiring until we get this stuff fixed. now, why doesn't that -- well, everybody, the job, small business job creator. come on, man. honeywell hires. that means other towns do great. that means you get...
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Dec 19, 2012
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hawaii a better place. he fulfilled his dream of creating a better hawaii." he was a strong supporter of the university of hawaii, a strong supporter of george washington university law school, he got his bamp lower's in hawaii, his law degree at george washington. he was determined -- a determined representative of the fighting men and women, a longtime leader of the defense appropriations subcommittee. as i mentioned briefly last night, there has been in my many years in congress, i have been here as long as my friend, the assistant leader here, who is seated next to me today, we've been here 30 years. and there's been no one i've ever known in my 30 years here who did more and fought more for the fighting men and women of this country. he believed the nation's commitment to the members of its armed forces didn't earned with their -- end with their service. mr. president, for fear it would be lost and it shouldn't be lost, i want to spread on the record what this good man did at a prayer breakfast a coupl
hawaii a better place. he fulfilled his dream of creating a better hawaii." he was a strong supporter of the university of hawaii, a strong supporter of george washington university law school, he got his bamp lower's in hawaii, his law degree at george washington. he was determined -- a determined representative of the fighting men and women, a longtime leader of the defense appropriations subcommittee. as i mentioned briefly last night, there has been in my many years in congress, i have...
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Dec 7, 2012
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today 71 years later service members and family gathered in hawaii to remember the thousands killed at pearl harbor. on this anniversary we have a dramatic new look of the event as it unfolded thanks to a new doultary tonight on the military channel which uses state-of-the-art technology as well as personal accounts to give viewers a never before seen look at the date that will live he in infamy. >> the japanese brought photographers aalong during both waves of the raid against pearl harbor. they had to be able to examine photograph in the aftermath the battle and determine whether or not the raid had been successful. >> only a few stills and a few seconds of their film footage survived the war, but by looking inside these recently restored frames, we can uncover never before seen details of the attack. >> the images that are captured are now in such detail and technologially so sharp we can understand pearl harbor in a different light. >> joining us now is mark martin heavily featured in the documentary "pearl harbor declassified" which premiering tonight at 10:00 p.m. eastern. how ar
today 71 years later service members and family gathered in hawaii to remember the thousands killed at pearl harbor. on this anniversary we have a dramatic new look of the event as it unfolded thanks to a new doultary tonight on the military channel which uses state-of-the-art technology as well as personal accounts to give viewers a never before seen look at the date that will live he in infamy. >> the japanese brought photographers aalong during both waves of the raid against pearl...
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Dec 23, 2012
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ed henry joins us now from hawaii. ed? >> aloha, doug. as you heard steve said the president is taking a little vacation and leaving the fiscal cliff behind, but probably not for long. we expect shortly after the christmas holiday with his family here the president is expected to head back to washington to work with congress to try in the final days. about that. he got in a golf game yesterday to dinner with the first lady. a little downtime. but then as you noted today he will be honoring the long service, the long life of the senator from hawaii. a half century in the senate, but a medal of honor winner on the battlefield in world war ii where he lost an arm. they are going to be at the national memorial cemetery of the pacific at punch bowl where the senator will be laid to rest. the president on friday at the washington national cathedral said he was inspired as a young boy when he saw the senator at the watergate hearings. take a listen. >> i learned how our democracy was supposed to work. our government of and by and for the people.
ed henry joins us now from hawaii. ed? >> aloha, doug. as you heard steve said the president is taking a little vacation and leaving the fiscal cliff behind, but probably not for long. we expect shortly after the christmas holiday with his family here the president is expected to head back to washington to work with congress to try in the final days. about that. he got in a golf game yesterday to dinner with the first lady. a little downtime. but then as you noted today he will be...
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Dec 27, 2012
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. >>> brian shoots is now the junior senator from hawaii. he had served as hawaii lieutenant governor and overnight he flew with president barack obama on air force 1. >>> police drunk driving numbers were up compared to last december. between december 21st arthroscopy and december 25 theth people were arrested 39 people died. they set up a series of checkpoints in hopes of curbing drunk driving for the holiday. >>> and on interstate 880, the big difference is you can see the roadway and they are expecting dry conditions and cal train says there is no restrictions on interstate 880, however it is a much different situation over the last few days. people who had to travel into higher elevations got a white christmas and there were lots of backups. drivers had to wait at a near standstill but once you get up there it is all worth it. >> yes, 6:49 let's go to tara, she is following action going on in the east bay. >>> the off ramp is closed down for a few minutes, possibly longer and this is due to an overturned car. we will let you know how it
. >>> brian shoots is now the junior senator from hawaii. he had served as hawaii lieutenant governor and overnight he flew with president barack obama on air force 1. >>> police drunk driving numbers were up compared to last december. between december 21st arthroscopy and december 25 theth people were arrested 39 people died. they set up a series of checkpoints in hopes of curbing drunk driving for the holiday. >>> and on interstate 880, the big difference is you can...
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Dec 1, 2012
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>> well, a man from oregon is recoughing today after he encountered a shark, a terrifying attack in hawaii, 61-year-old tom kennedy was snorkling when a couple of his friends, about 200 yards off shore in maui, when that shark moved in, clamping down on his left leg. he was actually able to break free and his friends helped him to shore and lifeguards treated him before he was rushed to the hospital and now, tom says he's trying to figure out what kind of shark bit him. >> based on my estimate of the size of the head, the coloration, and the shape, and i'm certainly not an expert, but his guess near is, it was a tiger shark perhaps. >> jamie: tom, does it matter? you survived the shark attack. he's lucky to be alive and lifeguards briefly closed that stretch of beach as the shark remains at bay and there are four shark attacks in hawaii since october. be careful out there, kelly. >> kelly: well, it's not about a shark, but it is about a cliff, the looming so-called fiscal cliff would trigger across the board tax hikes and spending cuts if no deal is reached. but what would happen to home v
>> well, a man from oregon is recoughing today after he encountered a shark, a terrifying attack in hawaii, 61-year-old tom kennedy was snorkling when a couple of his friends, about 200 yards off shore in maui, when that shark moved in, clamping down on his left leg. he was actually able to break free and his friends helped him to shore and lifeguards treated him before he was rushed to the hospital and now, tom says he's trying to figure out what kind of shark bit him. >> based on...
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Dec 23, 2012
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. >> gregg: will be the president be working on these issues during his christmas holiday in hawaii or is it golf and r&r and spending time with the kids? >> mostly r&r but on friday the president acknowledged there might not be time for any grand bargain. he scaled back for expectations for the rest of the year. one democrat said a larger deal is not impossible. >> we what we ought to do is take speaker's last offer, president's last offer and split the difference. that would be a package of about $2.6 trillion. you couple that with the $1.1 trillion that has already been done, that would be close to the $4 trillion we needed to stabilize the debt and begin to bring it down. >> reporter: to do that the president is demanding wealthy pay higher taxes. >> gregg: steve, thanks. >> heather: gregg, president obama is taking a break from the stress of fiscal cliff negotiations spending the holiday in hawaii. there is also a somber moment on his schedule. president and first lady attending a memorial service for daniel i inouye. >> he is leaving the fiscal cliff worries back home. we are tol
. >> gregg: will be the president be working on these issues during his christmas holiday in hawaii or is it golf and r&r and spending time with the kids? >> mostly r&r but on friday the president acknowledged there might not be time for any grand bargain. he scaled back for expectations for the rest of the year. one democrat said a larger deal is not impossible. >> we what we ought to do is take speaker's last offer, president's last offer and split the difference....
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Dec 28, 2012
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how did she get to hawaii? >> guest: her father, who had been a furniture salesman in mercer island, or in seattle, washington, he got a job selling furniture in honolulu. he was always looking over the next thing. moving west. he moved from kansas, california, spent time and seattle, seattle to hawaii. so she came along as a family. she was only 17 when she graduated from high school, and excellent public school in suburban seattle. her name is stanley and. his name was stanley. barack obama had been there since 1969. also an undergraduate even though he was much older. and they both happen to sign up for a beginning russian class. this was during right after sputnik and the schools all of the country are starting to teach russian. it was the most important thing public schools could do, prepare the u.s. for the cold war. so they both ended up in a russian class and that's what the met. >> host: how long do they know each other before they got married? >> guest: they knew each other for five months. they met i
how did she get to hawaii? >> guest: her father, who had been a furniture salesman in mercer island, or in seattle, washington, he got a job selling furniture in honolulu. he was always looking over the next thing. moving west. he moved from kansas, california, spent time and seattle, seattle to hawaii. so she came along as a family. she was only 17 when she graduated from high school, and excellent public school in suburban seattle. her name is stanley and. his name was stanley. barack...
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Dec 25, 2012
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obama watched santa's progress from hawaii last night. i want to bring in brianna keilar who joins us from hawaii. i guess if anybody has the inside scoop to where santa is, it is probably the first lady, right, don't you think? >> reporter: exactly right, and it was very cute. she was talking to kids who were tracking santa as norad followed where he was going. it's obviously still very early here, suzanne, as you know, but we don't have anything on the president's public schedule today. that said, he normally does visit with troops on christmas day so we won't be surprised at all if he does that again. sam cast, the white house chef, has come on this trip out to hawaii, and he will be preparing the meal for the obamas at the house that they're renting about 45 minutes drive from where we are in waikiki. also another sort of fun thing, this involving the first lady, the white house releasing a video of her appearance earlier this month at the national children's medical center. this is a tradition that dates back to the 1950s and it's pr
obama watched santa's progress from hawaii last night. i want to bring in brianna keilar who joins us from hawaii. i guess if anybody has the inside scoop to where santa is, it is probably the first lady, right, don't you think? >> reporter: exactly right, and it was very cute. she was talking to kids who were tracking santa as norad followed where he was going. it's obviously still very early here, suzanne, as you know, but we don't have anything on the president's public schedule today....
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Dec 24, 2012
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this past friday before the president left for his family vacation in hawaii, he proposed a limited measure to avoid all of the cliff when speaker boehner scuttled his plan b, the president wants to extend the bush tax cuts now for the middle class and try to avoid some of these deep spending cuts on january 1st. a white house spokesperson says today that staff discussions continue between the administration and the hill. in july you may recall the senate democrats passed an extension of the middle class tax cuts if r a year at a -- for a year at a cost of 157 billion. that bill also patched the alternative minimum tax for 2012 for 92 billion, but it went nowhere after that. senate republican leader mcconnell is critical to hammering out a deal because he can filibuster any legislation, but his spokesperson says this morning quote, nothing new to report. we don't know yet what senator reid plans to bring to the senate for a vote. >> when i listen to the president, i think the president is eager to go over the cliff for political purposes. i think he sees a political victory at the bottom of
this past friday before the president left for his family vacation in hawaii, he proposed a limited measure to avoid all of the cliff when speaker boehner scuttled his plan b, the president wants to extend the bush tax cuts now for the middle class and try to avoid some of these deep spending cuts on january 1st. a white house spokesperson says today that staff discussions continue between the administration and the hill. in july you may recall the senate democrats passed an extension of the...
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Dec 24, 2012
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hawaii is said goodbye to a much-respected native son. daniel inouye. president obama attended inouye's funeral yesterday, along with other washington insiders, including his friend senator harry reid. he represented hawaii in congress ever since it became a state in 1959 and was the second-longest serving senator in u-s history. inouye received the medal of honor for his heroism during world war two. inouye died a week ago at accepts total responsibility senator michael crapo was arrested in virginia shortly after midnight, saturday night. alexandria police say the idaho republican ran a red light, then failed several field sobriety tests. police say crapo's blood alcohol level was point-one- one ; the legal limit for drivers in virginia is point-oh-eight. in a statement released by his office, crapo said he was -- quote -- "deeply sorry for the actions that resulted in this limit in virginia. the deputy police chief says an investigation is underway to determine whether the killing was intentional or accidental. it was not known whether the victim was
hawaii is said goodbye to a much-respected native son. daniel inouye. president obama attended inouye's funeral yesterday, along with other washington insiders, including his friend senator harry reid. he represented hawaii in congress ever since it became a state in 1959 and was the second-longest serving senator in u-s history. inouye received the medal of honor for his heroism during world war two. inouye died a week ago at accepts total responsibility senator michael crapo was arrested in...
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Dec 20, 2012
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and rahm looked at me and said "he had a hawaii moment." and when i said that the president laughed very loudly and he caught himself back and he told this lovely story there meant meant that when things seemed to be going to hell in a hand basket he and rahm would sit in the oval office and think "what wild we rather be doing?" and obama said "we'd rather that v a t-shirt shop in hawaii selling t-shirts" then he paused for a second and said "maybe smoothies, too." and that's what we used to chat about. and rahm was saying maybe he just was thinking about the smoothies on hawaii. >> rose: that's an interesting detail about that. i saw rahm emanuel interviewed and i didn't get this from him yesterday. it's the idea that he still plays, a role. he's still connected to rahm emanuel and gives him advice when asks and asks him advice often. >> i think that would be smart. >> rose: let me talk to you, please, about nelson mandela. you were his friend. he's 94 years old. he clearly has not been well: >> he's not well, charlie, he stopped having an
and rahm looked at me and said "he had a hawaii moment." and when i said that the president laughed very loudly and he caught himself back and he told this lovely story there meant meant that when things seemed to be going to hell in a hand basket he and rahm would sit in the oval office and think "what wild we rather be doing?" and obama said "we'd rather that v a t-shirt shop in hawaii selling t-shirts" then he paused for a second and said "maybe smoothies,...
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Dec 22, 2012
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. >> now, the first family on their way to hawaii for the holidays. the president says he'll return to washington if there's a deal. >>> there were five funerals in newtown, connecticut, today for two adults and three children. six-year-old olivia engle loved being a big sister and helping her little brother explore. dillon loved chocolate. grace's family says she dreamed of being a painter. >>> we started to see all the ribbons and all your tributes to emily, everywhere, and a lot of you guys don't even know who she is. a lot of you never even met her. >> the last two faculty members were also laid to rest today. rachel's boyfriend was planning to propose on christmas eve. school psychologist mary sherlock was remembered for her devotion to kids in trouble. >>> condolence letters have overwhelmed the newtown post office. they started coming immediately. at first, a few hundred. now there are thousands each and every day, coming from all over the world. the postmaster says it's hard not to cry as they sort the mail. >>> the nra has promised, in its ow
. >> now, the first family on their way to hawaii for the holidays. the president says he'll return to washington if there's a deal. >>> there were five funerals in newtown, connecticut, today for two adults and three children. six-year-old olivia engle loved being a big sister and helping her little brother explore. dillon loved chocolate. grace's family says she dreamed of being a painter. >>> we started to see all the ribbons and all your tributes to emily,...
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Dec 28, 2012
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before flying home from hawaii, the president called congressional leaders nancy pelosi, john boehner, mitch mcconnell and harry reid to reach agreements before tax hikes and spending cuts kick in january 1. >> we have been asking the president and the democrats to work with us on a bipartisan agreement for months. >> i don't know time wise how it can happen now. >> reporter: the senate majority leader wants house republicans to return from their vacations to approve a democratic senate plan that extends tax cuts for families making less than $250,000 a year. >> that's the only option that is viable escape route. >> reporter: but republican leaders say it's up to democrats who control the senate and white house to avert the "fiscal cliff." >> republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> reporter: house members will return to capitol hill on sunday and could begin voting that night. they would have about 24 hours to approve a deal. adding to the urgency, treasury secretary timothy g
before flying home from hawaii, the president called congressional leaders nancy pelosi, john boehner, mitch mcconnell and harry reid to reach agreements before tax hikes and spending cuts kick in january 1. >> we have been asking the president and the democrats to work with us on a bipartisan agreement for months. >> i don't know time wise how it can happen now. >> reporter: the senate majority leader wants house republicans to return from their vacations to approve a...
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Dec 23, 2012
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they'll try to play it tomorrow morning. >>> usf didn't worry about snow in hawaii. played in the diamond head classic against san diego state. led usf. do not have one single senior on the team. the more experience finishes the game with a 31-11 run. chase, 33 career points. san diego state wins. >>> other hoops. santa clara wins. and san jose state loses to james madison. >>> the 49ers learned that no matter what they do tomorrow in seattle they have zero chance of clinching the number one seed for the playoffs. atlanta took care of that detail tonight. falcons won their thirteenth game of the season. lions lose their seventh straight tonight. matt ryan throws four touchdown passes. a 44-yarder. good hands. 7-0 falcons. several guys who can grab footballs. julio jones. the tap dance. me and julio down by the schoolyard. that's impossible to defend. touchdown falcons. 21-3. the lions are just lousy. but their receiver calvin johnson. he sets or ties five nfl records tonight including breaking jerry rice's single season receiving record. 1892 yards. the first player
they'll try to play it tomorrow morning. >>> usf didn't worry about snow in hawaii. played in the diamond head classic against san diego state. led usf. do not have one single senior on the team. the more experience finishes the game with a 31-11 run. chase, 33 career points. san diego state wins. >>> other hoops. santa clara wins. and san jose state loses to james madison. >>> the 49ers learned that no matter what they do tomorrow in seattle they have zero chance of...
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instructional video for those of you who live in non-powerball states of california, alabama, alaska, hawaii, mississippi, nevada, utah and wyoming. but still want to play, well, here's what you do. >> how to feel like you're playing powerball if your state doesn't have it, with guillermo. okay, first, write your favorite numbers. and then, get your numbers and some money. and put them in the garbage disposal like this. that's where your money goes! [ laughter ] >> jimmy: isn't that great? thank you, guillermo. [ applause ] starbucks has just introduced its most expensive cup of coffee ever. it's priced at $7 a cup. which might sound like a lot but you're also paying for the ambience of a homeless guy taking a shower in the bathroom sink. et cetera. starbucks said it is worth $7 because it's made from a rare variety of beans that are very hard to grow. by the way, if you threw an elbow at an old lady's head to buy a discounted blu-ray player this weekend, you are not allowed to buy this cup of coffee. i forbid it. a $7 cup of coffee. i feel like this is a test to find out how stupid we are.
instructional video for those of you who live in non-powerball states of california, alabama, alaska, hawaii, mississippi, nevada, utah and wyoming. but still want to play, well, here's what you do. >> how to feel like you're playing powerball if your state doesn't have it, with guillermo. okay, first, write your favorite numbers. and then, get your numbers and some money. and put them in the garbage disposal like this. that's where your money goes! [ laughter ] >> jimmy: isn't that...
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Dec 28, 2012
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to do something to follow the lines of what the president said in the briefing room before going to hawaii for the holidays. basically resetting the discussion for income rates at the threshold he originally wanted, $250,000 for couples. why that's important is because in previous conversations with speaker boehner, the president had moved off that number to something more friendly to the republican party, putting the number at about $400,000 and people thought that's where conversations would start today. democrats say, no, that's not the case because the speaker didn't have the membership vote on the $250,000 threshold. so this is about leverage, it's about negotiation. it's democrats going in to the meeting stronger they feel than what they perceive to be speaker boehner's position. republicans today talking about to me about various options they see and lots of conversations going on and certainly a spirit of willingness to get something done. can it get done? can it get done practically? those are the hard questions. >> yeah. after this 3:00 meeting, kelly o., will there be a document
to do something to follow the lines of what the president said in the briefing room before going to hawaii for the holidays. basically resetting the discussion for income rates at the threshold he originally wanted, $250,000 for couples. why that's important is because in previous conversations with speaker boehner, the president had moved off that number to something more friendly to the republican party, putting the number at about $400,000 and people thought that's where conversations would...
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Dec 26, 2012
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obama got to go on vacation in hawaii. >> eric: taxes revert to the bush tax cut expire and president obama says republicans look at this. tax cuts for everyone making under 250. can republicans say no to tax cut in 2013? >> andrea: it will be tough. not tougher than the p.r. battle they are fighting now. i think he wants that scenario, eric. i think obama thinks going off the cliff is a win for him so he can pass the obama tax cut and say look, i'm bringing in revenue. i lowered the deficit. pass his tax cut. a win and he can blame the g.o.p. i would argue i don't think the g.o.p. had the ball on this fight. i don't think they gave it up. i don't think they had it. it's very tough for them to win against the white house like this. and a white house press corps that is not going to report anything negative against the president. >> eric: the ball is a debt ceiling. remember, all the negotiations, tell you, i'll get to greg, they have to go through the house. money negotiations go through the house. if the house says no on raising debt ceiling they can create havoc. go ahead. >> greg:
obama got to go on vacation in hawaii. >> eric: taxes revert to the bush tax cut expire and president obama says republicans look at this. tax cuts for everyone making under 250. can republicans say no to tax cut in 2013? >> andrea: it will be tough. not tougher than the p.r. battle they are fighting now. i think he wants that scenario, eric. i think obama thinks going off the cliff is a win for him so he can pass the obama tax cut and say look, i'm bringing in revenue. i lowered...
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Dec 26, 2012
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the first lady, the girls are staying in hawaii. the senate is supposed to convene, but not necessarily the house. what is going to happen? >> reporter: well, we're not really sure. in fact, house republican leaders are having a conference call, i'm told, as we speak, to figure out that very question. they told their members that they would have 48 hours notice before they reconvene the house and so at the earliest, that would be on friday. but, you know, the action really is now going to begin in the senate. there isn't that much of a rush for the house to come back. and when i say action, even that is a question mark. whether there will be action. i was talking to a democratic source who said right now what they had to figure out, victor, is whether or not harry reid working with the white house on this can get enough votes from republicans to cross party lines for even a scaled back measure, which the president laid out in general on friday, would just be to keep americans' taxes where they are for those making $250,000 or less.
the first lady, the girls are staying in hawaii. the senate is supposed to convene, but not necessarily the house. what is going to happen? >> reporter: well, we're not really sure. in fact, house republican leaders are having a conference call, i'm told, as we speak, to figure out that very question. they told their members that they would have 48 hours notice before they reconvene the house and so at the earliest, that would be on friday. but, you know, the action really is now going to...
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Dec 27, 2012
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the president took off last night from hawaii, but there's a five-hour time difference. time is working against these lawmakers. they will have to figure out something if they want to do anything before new year's. it seems quite likely that we are going to go over this cliff and that whatever happens is going to have to be resolved after january 1. it has been looking like that before the holiday, but certainly now, particularly if you remember for congress broke for the christmas break, speaker raynor was not able to get the backup plan through his caucus, so there was no pressure on democrats to try to counter that immediately. senate democrats saying we passed a bill that raises tax rates on incomes over $250,000, we ran on this and this is what we are offering. house republicans were saying, no, we want to negotiate something, figure it out and send it to us. someone is going to have to move. who? the president met with senate majority leader harry reid before going to hawaii and his offer was to extend the tax cuts for incomes under $250,000, extend unemployment in
the president took off last night from hawaii, but there's a five-hour time difference. time is working against these lawmakers. they will have to figure out something if they want to do anything before new year's. it seems quite likely that we are going to go over this cliff and that whatever happens is going to have to be resolved after january 1. it has been looking like that before the holiday, but certainly now, particularly if you remember for congress broke for the christmas break,...